Mirion Technologies (MIR) director receives 7,383-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bockhorst Kenneth reported acquisition or exercise transactions in this Form 4 filing.
Mirion Technologies director Kenneth Bockhorst received an equity award in the form of restricted stock units. On the reported date, he was granted 7,383 shares of Class A common stock as a stock award at no cash cost, increasing his direct holdings to 77,258 shares.
The footnote explains these restricted stock units vest on the earlier of the first anniversary of the grant date or the company’s next annual stockholder meeting, if he continues serving as a non-employee director through that date. This reflects routine board compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bockhorst Kenneth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,383 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 77,258 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 7,383 shares
Grant price: $0.00 per share
Post-transaction holdings: 77,258 shares
3 metrics
RSU grant
7,383 shares
Restricted stock units granted to director on reported date
Grant price
$0.00 per share
Price per share for the restricted stock unit award
Post-transaction holdings
77,258 shares
Director’s direct holdings after the grant
Key Terms
restricted stock units, non-employee director, annual stockholder meeting
3 terms
restricted stock units financial
"Represents restricted stock units that will vest on the earlier to occur"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director financial
"subject to the non-employee director's continued service on the Board"
annual stockholder meeting financial
"date of the annual stockholder meeting following the grant date"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
FAQ
What insider transaction did Mirion Technologies (MIR) report for Kenneth Bockhorst?
Mirion Technologies reported that director Kenneth Bockhorst received 7,383 shares of Class A common stock as a stock award. The shares were granted as restricted stock units at no cash cost, increasing his direct holdings to 77,258 shares.
Was the Mirion Technologies (MIR) insider transaction a stock purchase or a grant?
The transaction was a grant, not an open-market stock purchase. Kenneth Bockhorst received 7,383 restricted stock units as compensation at a price per share of $0.00, which is typical for non-employee director equity awards rather than discretionary buying.
When do Kenneth Bockhorst’s Mirion Technologies (MIR) restricted stock units vest?
The restricted stock units vest on the earlier of two events: the first anniversary of the grant date, or the date of the next annual stockholder meeting. Vesting requires Kenneth Bockhorst to continue serving as a non-employee director through the applicable vesting date.